SCHEDULES

[F1 SCHEDULE 3ZB U.K.Exit charge payment plans

Textual Amendments

F1 Sch. 3ZB inserted (with effect in accordance with Sch. 49 para. 8 of the amending Act) by Finance Act 2013 (c. 29), Sch. 49 para. 6

PART 3 U.K.Entering into an exit charge payment plan

Content: realisation method U.K.

11 (1) This paragraph applies if, under an exit charge payment plan, the amount of ECPP tax attributable to any exit charge asset or liability is to be paid in accordance with the realisation method. U.K.

(2) The plan must specify—

(a) each such asset or liability (so far as not already specified under paragraph 10(4)(a)), and

(b) the amount of ECPP tax attributable to the asset or liability, calculated in accordance with paragraph 10(6).

(3) The plan must also include requirements as to the ongoing provision of information by the company to Her Majesty's Revenue and Customs in relation to the asset or liability.]